Overview
What is Northern Virginia Association Of Realtors?
The Northern Virginia Association of Realtors (NVAR) is a nonprofit organization located at 8407 Pennell Street, Fairfax, Virginia. Their primary mission is to empower real estate professionals in Northern Virginia by offering them the necessary knowledge for conducting real estate activities in the region. This is achieved through an educational program that provides current and prospective real estate professionals with essential skills and knowledge, as well as continuing education classes to help members meet their state licensing requirements. The association strives to elevate realtor success by delivering exceptional value, driving innovation, and impacting the industry. With a workforce of 44 employees, NVAR is dedicated to supporting the growth and success of its members in the real estate sector.
Official website here: www.nvar.com
Is Northern Virginia Association Of Realtors legitimate?
Northern Virginia Association Of Realtors is a legitimate nonprofit organization registered as a 501(c)(6) entity. Northern Virginia Association Of Realtors submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,172,732
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,252,713
For more financial information, click here
Official website here: www.nvar.com
What is the mission statement of Northern Virginia Association Of Realtors?
The Northern Virginia Association of Realtors (NVAR) is committed to enhancing the success of real estate professionals. They achieve this by delivering exceptional value, fostering innovation, and making significant contributions to the industry. The association's educational program is a key component, providing current and prospective real estate professionals with the necessary knowledge to conduct activities in Northern Virginia. The NVAR also offers continuing education classes to help members meet their state licensing requirements. In essence, the NVAR is dedicated to supporting and empowering real estate professionals in their careers.
Official website here: www.nvar.com
Who is the CEO of Northern Virginia Association Of Realtors?
Ryan T Mclaughlin is the President of Northern Virginia Association Of Realtors. The CEO's salary of Northern Virginia Association Of Realtors is $376,311 and their total compensation is $418,394.
Official website here: www.nvar.com
What is the revenue of Northern Virginia Association Of Realtors?
Northern Virginia Association Of Realtors's revenue in 2022 was $6,829,738.
Official website here: www.nvar.com
Who are the executives of Northern Virginia Association Of Realtors and what are their salaries?
The average compensation at Northern Virginia Association Of Realtors during 2022 was $77,851. There are 44 employees and 250 volunteers at Northern Virginia Association Of Realtors.
Here are 25 key members and their salaries (Northern Virginia Association Of Realtors's CEO's salary is $376,311 and their total compensation is $418,394):
- Compensation: $12,610
- Related: $0
- Other: $0
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- Compensation: $376,311
- Related: $0
- Other: $42,083
- Compensation: $216,056
- Related: $0
- Other: $22,551
- Compensation: $241,120
- Related: $0
- Other: $17,331
- Compensation: $227,796
- Related: $0
- Other: $16,874
- Compensation: $134,827
- Related: $0
- Other: $6,643
- Compensation: $131,333
- Related: $0
- Other: $18,088
- Compensation: $106,189
- Related: $0
- Other: $22,945
- Compensation: $109,746
- Related: $0
- Other: $11,904
- Compensation: $101,950
- Related: $0
- Other: $33,925
Official website here: www.nvar.com
Where can I find the form 990 for Northern Virginia Association Of Realtors?
Northern Virginia Association Of Realtors's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nvar.com
Learn more at the official website: www.nvar.com
Mission Statement of Northern Virginia Association Of Realtors
The Northern Virginia Association of Realtors, abbreviated as NVAR, is committed to enhancing the success of real estate professionals by delivering exceptional value, fostering innovation, and influencing the industry. This mission is driven by the organization's belief in elevating its members' capabilities, thereby contributing to the overall growth and development of the real estate sector. By providing comprehensive educational programs, NVAR aims to equip current and prospective real estate professionals with the necessary knowledge to excel in their respective roles within Northern Virginia. Furthermore, the association offers continuing education classes, which assist its members in meeting their state licensing requirements. In essence, NVAR's mission is to empower its members, promote industry advancement, and ensure regulatory compliance through robust educational offerings.
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Impact
October, 2024
The Northern Virginia Association of Realtors (NVAR) significantly influences the real estate landscape in Northern Virginia by elevating the success of real estate professionals. Through its robust educational programs, NVAR empowers current and prospective REALTORS® with essential knowledge and skills necessary for navigating the complexities of real estate transactions in the region. By offering continuing education classes, the association ensures that its members meet state licensing requirements, thereby enhancing the overall professionalism and competency within the industry.
NVAR's commitment to driving innovation sets a foundational tone for adapting to market changes, helping its members stay ahead in a competitive environment. The association's various initiatives not only enhance individual success but collectively improve community dynamics, as well-informed real estate professionals foster better housing opportunities and contribute to economic stability. Ultimately, NVAR's impact resonates throughout the industry and the communities it serves, reinforcing the value of REALTOR® expertise in Northern Virginia.
This information is meant to be a general summary of Northern Virginia Association Of Realtors. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $331,676
- Program Service Revenue: $5,963,607
- Gross Receipts: $9,633,747
Assets and Liabilities:
- Total Assets: $22,736,096
- Total Liabilities: $4,043,337
- Net Assets: $18,692,759
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$3,938,880
LOCKBOX SERVICE REVENUE
Revenue
$1,237,828
EVENTS & MEETINGS
Revenue
$289,316
EDUCATION REVENUE
Revenue
$223,815
MEMBERSHIP FEES
Revenue
$214,700
Organization Details
Founding Year
1930
Phone
(703) 207-3200Principal Officer
Ryan T Mclaughlin
Main Address
8407 PENNELL STREET, FAIRFAX, VA, 22031
Website
www.nvar.comNTEE Category
Code: S47 - Community improvement
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